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#buyerbeware

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Ok so... This is an "interesting" flipping scam. (As if I didn't have enough to worry about.)

I ordered an emergency radio from NewEgg because I am trying so hard to avoid Amazon.

It arrived today. From Amazon. As a "gift." (The product box inside was smashed, and there's a rattle, so I suspect the radio is broken even.)

The price of the radio on Amazon is $32.

I paid $59 to NewEgg.

I can return it to Amazon for an Amazon gift card. For $32.

I guess now I have a new thing to do today, which is to figure out if I can report this to NewEgg, get a refund, and get this seller pwned. NewEgg Seller = Orange Techno Store. I have no reason to believe they have any relation to the Amazon seller.

Then I have to find a different radio.

Effing A.

One of the greatest failings of the early #economic #philosophers, was their failure to foresee the impact of de-personalizing #markets.

Back in Smith's time there was an assumption of #honesty on the part of the seller. Markets were small enough that dishonesty would be punished by #buyers not buying the dishonest #sellers #goods.

#Trust is the bedrock of thriving markets. Which is why countries with rigid rules of law and enforcement do better than countries without. You can trust that if you get burned -- there's a #remedy.

But as markets expanded, so did de-personalization. See the "traveling salesman" selling #SnakeOil for example. Burn a bunch of people -- then move on to the next set of dupes.

Add then, the advent of marketing, or as I like to call it, #CapitalistPropaganda. In short, the practice of increasing demand by selling lies -- #BuyerBeware.

Add to that, legal precedent interpreting lies as free speech -- buyer beware.

Add then, #monopoly power, and it's impossible not to see where this is headed.

Today, we have markets of *distrust* because everyone is peddling legal lies.

Give it a name: #PredatoryCapitalism? #CrisisCapitalism? #Conitalism?

It's all the logical end result of rewarding those with the most capital to compete without rules governing the sale of #lies.
#uspol

Adding an item you're interested in buying to an Amazon wishlist lets you to see if the price drops and by how much.

I've noticed Amazon will often say a product is on sale when it's the same price it always has been.

This item has been $13.95 for months, but now says it's 27% off, limited time deal.

This is designed to make you think you're getting a deal when you're not, and to create a false sense of urgency to buy the item while it's "on sale".

That Pedal Show on YouTube released a new episode yesterday and it is about 90 minutes exclusively on the Gibson Firebird.

I haven’t quite watched all of it yet, but I’m down to the last few minutes.

Seriously… for the good of society (as well as my bank account) please… whatever you do… don’t let me go near a music store for a few days at least. If I walk into a Guitar Center (or something similar) I am absolutely not going to be able to stop myself and I am 100% walking out of that store with a Firebird.

For the love of all that is good in this universe, don’t let me go into a music store.

https://robertjames1971.blog/2024/07/06/gibson-firebird/

Inside the Red Head's Head · Gibson FirebirdThat Pedal Show on YouTube released a new episode yesterday and it is about 90 minutes exclusively on the Gibson Firebird. I haven’t quite watched all of it yet, but I’m down to the las…

An #Ottawa couple is sharing their #BuyerBeware story & importance of reading the fine print in contracts, following a shocking #PriceHike & #InterestRate adjustment for their home furnace financing.

In 2018, Sonya Rawlings and her husband, James, replaced their furnace, hot water tank & air conditioner, spending $17,000, financed through a company called #ProvincialHomeAssistance.

The trouble began in June 2024, when the #loan was renewed by a third company, #Financeit.

"Our interest rate jumped from 2.99% to 14.99% & our payment went from $60 a month to $136 a month," says Rawlings. "It's a shock. It's kind of like robbery. It's more than double the amount we were paying before."

Closer examination of the #financing details revealed the loan's original 10-year #amortization had been extended to 20 years by the second lender.

ottawa.ctvnews.ca/ottawa-coupl

Ottawa · Ottawa couple's loan payments more than double after new company takes over financingAn Ottawa couple is sharing their buyer beware story and the importance of reading the fine print in contracts, following a shocking price hike and interest rate adjustment for their home furnace financing.

This con game that retailers run on customers, that they are doing ANYTHING for the customer, is one of the biggest con games.
Their goal is to make as much money from you/me the customer as they can, in any way possible and they don't care who they hurt.
And, they spend billions$$$ trying to separate us from our money.

Buyer beware has never been more important.

Oh just a random musing & completely random post about #etsy #ebay #scammers..🙄😇

note to self, do NOT purchase from accounts with less than… 100 reviews, & preferably in the thousand plus😂

Predict the scams will get more & more prolific as time goes on

Back in the day, they’d send you fake products… but sending packages to wrong addresses is new to me!

For example, rare vintage sewing patterns can go from anywhere from $30 to $200, but the <$50 seems to be the sweet spot

I’m always interested in how bike companies are adding financing as an option for their customers. I saw a Citizens Pay ad (which I had never heard of) for Trek’s online store with “0% financing”. So I clicked through and found this buried really deep in the fine print… 29.99% APR on purchases “after the promotional period”. This kind of predatory lending should be illegal. #BuyerBeware #TrekBikes #CitizensPay #CitizensBank #PersonalFinance #ebike #PredatoryLending #BikeTooter